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What will Algeria gain from the gas agreement with Germany?

July 18, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
What will Algeria gain from the gas agreement with Germany?

Algeria strengthens its position in the European energy market by launching new negotiations between SONATRACH and the German company VNG to renew the natural gas supply contract and increase the quantities exported to Germany, in a move aimed at expanding the presence of Algerian gas in the largest European economy and enhancing its role in supporting energy security on the continent. This step comes just days after the arrival of the first shipment of Algerian liquefied natural gas to Germany via the floating regasification terminal Wilhelmshaven 1, marking the first implementation of the gas supply contract signed between SONATRACH and VNG in February 2024, following the visit of the then German Vice Chancellor and Minister of Economy and Climate Protection, Robert Habeck, to Algeria.

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